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Retail property (high street)

0121 721 6440

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Retail property (high street)

0 bed

0 bath

Property description & features

Leasehold
Greeting Cards/Balloons & Gifts Shop
Turnkey Business
Ideal Starter Business

Leasehold Greeting Cards/Balloons & Gifts Shop Located In Coventry
Ref 2730

Location
This respected Greeting Cards/Balloons & Gift Shop is located in Tile Hill, Coventry. Situated within a prominent and highly visible trading position on Jardine Crescent. Its part of a busy parade of shops which offers independent retailers along with large blue chip retailers to include a Café, Launderette, Hair & Beauty Salon, Ladbrokes Bookmakers, Nisa Local & Post Office, Cycle Shop, Farmfoods, Pound Plus, Costcutter, Premier Convenience Store, Boots Pharmacy and a Fish & Chip Takeaway. All of which bring high levels of footfall to the area. The immediate area has an abundance of residential houses and Coventry city centre is (3.3 miles).

Asking Price: £24,950 plus SAV (£10,000)

Business Description
Veritas Business sales are delighted to offer for sale this delightful Greeting Cards/Balloons & Gift Shop which is located in Coventry. The business was established by the current owner in August 2021 and is now being offered for sale due to other business interests requiring more of his time.
Since ownership he has refurbished, redecorated and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. House of Cardz is overseen by the owner but operated mainly with a team of 3 part time members of staff and for its first year of trading is on course to turnover circa £85,000. They retail a fine range of greeting cards, helium balloons, candles, occasions gifts, mugs, gift wrap, picture frames and personalised items.
We believe that there is further potential to increase trade as the business is still establishing itself. A new owner could expand into party planning and providing a party table decorating service for the ever demanding balloon sales. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a turnkey business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Saturday - 9:00am - 5:00pm
Sunday - Closed

Leasehold
Term : 6 years
Remaining : 5 years
Reviewed : 3 yearly Rent : £9,500 pa Rates : zero

Ground Floor
Retail comprising: serve over glass display counter & sales counter with EPOS till system, sales & display shelves, 11 metres of card displays, 3 metres of gift items, 2 metres of balloon displays and 1 metre of candle displays. Kitchenette with sink drainer, wall & base units, hot water heater, helium gas tank, storage area and CCTV monitor. Workroom with 3 colour printers, PC, mug printing machine and storage shelves. W/C with wash basin, electric water heater, 2 x safes, water metre and staff locker.
Stockroom with shelving and rear exit door.
The shop benefits from a CCTV (8 camera) system.

External Shared rear yard with rear service road and bin area.

EPC Rating C

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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